Notwithstanding market dynamics and retail theory, has anyone ever wondered how and why larger jigs and lures are so expensive? I appreciate a market charges what it can, but I’m surprised a manufacturer has yet to exploit the vastly inflated and artificially high price of small chunks of extremely easy to manufacture metal we buy. A large lure can cost well over $30 these days and the cheapest 10+ oz ones I can fins tend to start at $20, which is silly when you consider what goes into making them. I even saw a trendy-looking Norwegian cod jig in a local store recently that was $50. Expensive loss when bumping rocky ground…!
So does anyone know of a manufacturer that’s said ‘these cost a dollar to manufacture so I’ll sell them for ten and make a killing’? I know it’s not that simple but if I owned some fairly simple tools dedicated to the job I could probably bang a hundred out a week and sell them at that margin to make some decent pocket/gas money (no, I’m way too busy to fit that into my life).
Thoughts? Ideas? They obviously don’t need to be hand-painted and carefully crafted like maybe spoons (and even that’s pros manufacturer myth). Big lingcod and rockfish will tend to go for anything annoying and shiny…
Thanks. Anyone working for Gibbs here ?
So does anyone know of a manufacturer that’s said ‘these cost a dollar to manufacture so I’ll sell them for ten and make a killing’? I know it’s not that simple but if I owned some fairly simple tools dedicated to the job I could probably bang a hundred out a week and sell them at that margin to make some decent pocket/gas money (no, I’m way too busy to fit that into my life).
Thoughts? Ideas? They obviously don’t need to be hand-painted and carefully crafted like maybe spoons (and even that’s pros manufacturer myth). Big lingcod and rockfish will tend to go for anything annoying and shiny…
Thanks. Anyone working for Gibbs here ?